Form 4 for IHRT iHeartMedia, Inc.
Accepted 2023-05-22 00:00:00 ET · period of report 2023-05-18 · accession 0000899243-23-013647 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-05-22 | 2023-05-18 | IHRT | GERSTNER BRAD | Dir | A - Grant | $0.9133 | +82.1K | 170.6K | +93% | +$75.0K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock, par value $0.001 per share | 2023-05-18 | A | A | 27,372 | $2.74 | 115,861 | D | — | — | (F1) Represents deferred stock units ("DSUs") in lieu of cash compensation. Each DSU represents a contingent right to receive one share of Class A Common Stock. The DSUs shall vest as to one-half of the DSUs on each of September 30, 2023 and December 31, 2023. Settlement of the DSUs has been deferred until within 45 days of the earliest to occur of (i) the Reporting Person's separation from service, (ii) a change in control, (iii) the Reporting Person's death, or (iv) the Reporting Person's disability. |
| 2 | Common | Class A Common Stock, par value $0.001 per share | 2023-05-18 | A | A | 54,744 | $0.00 | 170,605 | D | — | — | (F2) Represents DSUs. Each DSU represents a contingent right to receive one share of Class A Common Stock. The DSUs shall vest in full on the earlier of May 18, 2024 or the Company's 2024 annual meeting of stockholders. Settlement of the DSUs has been deferred until within 45 days of the earliest to occur of (i) the Reporting Person's separation from service, (ii) a change in control, (iii) the Reporting Person's death, or (iv) the Reporting Person's disability. |